eprintid: 4257
rev_number: 6
eprint_status: archive
userid: 351
dir: disk0/00/00/42/57
datestamp: 2016-01-15 02:05:05
lastmod: 2021-08-27 17:15:02
status_changed: 2016-01-15 02:05:05
type: article
metadata_visibility: show
item_issues_count: 1
creators_name: Prskawetz, A.
creators_name: Feichtinger, G.
creators_id: 2025
creators_id: 1555
title: Endogenous population growth may imply chaos
ispublished: pub
internal_subjects: iis_mod
internal_subjects: iis_pop
divisions: prog_pop
abstract: We consider a discrete-time neoclassical growth model with an endogenous rate of population growth. The resulting one-dimensional map for the capital intensity has a tilted z-shape. Using the theory of nonlinear dynamical systems, we obtain numerical results on the qualitative behaviour of time paths for changing parameter values. Besides stable and periodic solutions, erratic time paths may result. In particular, myopic and far-sighted economies -- assumed to be characterised by low and high savings rate respectively -- are characterised by stable per capita capital stocks, while solutions with chaotic windows exist between these two extremes.
date: 1995-02
date_type: published
publisher: Springer
official_url: http://www.jstor.org/stable/20007453
iiasapubid: XJ-95-077
iiasa_bibref: Journal of Population Economics; 8(1):59-80 (February 1995)
iiasa_bibnotes: <www.jstor.org/stable/20007453>
creators_browse_id: 100
creators_browse_id: 2589
full_text_status: none
publication: Journal of Population Economics
volume: 8
number: 1
pagerange: 59-80
refereed: TRUE
issn: 1432-1475
coversheets_dirty: FALSE
fp7_type: info:eu-repo/semantics/article
citation:   Prskawetz, A. <https://pure.iiasa.ac.at/view/iiasa/100.html> & Feichtinger, G. <https://pure.iiasa.ac.at/view/iiasa/2589.html>  (1995).  Endogenous population growth may imply chaos.   Journal of Population Economics 8 (1) 59-80.